Halliburton's Asbestos Accord
Faces Opposition From Insurers

Two groups of insurance companies are trying to block Halliburton Co.'s $4 billion asbestos settlement, saying the company's units shouldn't be using bankruptcy protection to resolve its asbestos litigation.

The challenges could delay Halliburton's plans for its subsidiaries to emerge quickly from bankruptcy and set the stage for battles concerning how much the Houston company might eventually recover in insurance payments....